SDLP News and Press, Seadrill Partners LLC Representing Limited Liability Company Interests From 01/22/19

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Arconic (NYSE: ARNC )  -23%  on no longer pursuing sale. More news on: Arconic Inc, PetMed Express, Inc., Stanley Black & Decker, Inc., News on the U.S. economy, , Read more ...

Seadrill Partners (NYSE: SDLP ) declares $0.01/share quarterly dividend , -90% decrease from prior dividend of $0.10. More news on: Seadrill Partners, LLC, Dividend News, , Read more ...

London, United Kingdom, January 22, 2019 - Seadrill Partners LLC (NYSE: SDLP) ("Seadrill Partners" or the "Company") announces today that it will reduce the quarterly distribution to its common unitholders from 10 cents per unit to 1 cent per unit. The move reflects the slower than antici...

My previous articles on supply fundamentals of the offshore drilling market, “ Will Drillship Rates Rise Rapidly? ” and “ Will Semi-Subs Rates Rise Rapidly? ” sparked lively discussion, so I decided to make the series complete and discuss the latest data on jack-up ...

This article is a continuation of the discussion started in my recent work " Will Drillship Rates Rise Rapidly? ", which was inspired by comments provided by Transocean ( RIG ) in relation to its purchase of Ocean Rig ( ORIG ). While the Transocean and Ocean Rig deal is the topic of the day,...

The recent decision of Transocean ( RIG ) to purchase Ocean Rig ( ORIG ) ignited a debate on whether floater rates (and, specifically, drillship rates since Ocean Rig has 9 drillships) will indeed rise rapidly and if we will see scarcity of rigs soon. This question is important not only for ...

(Courtesy: SDLP: The drillship West Auriga) Investment Thesis Seadrill Partners LLC (SDLP) is a well-managed offshore drilling company which is struggling with a high-level debt in a weak business environment. Fortunately for shareholders, Seadrill Partners managed to insulate the company ...

On Tuesday, August 21, 2018, offshore drilling contractor Seadrill Partners ( SDLP ) announced its second quarter 2018 earnings results . As is the case with all of the companies in the industry, Seadrill Partners has been struggling with challenging conditions in the industry. In that ligh...